Many empirical papers tested the theoretical predictions of Helpman, Melitz and Yeaple (HMY, 2004) which sorts firms at different internationalization states according to their productivity levels. While these papers ignore the fact, that the theoretical predictions of HMY only apply to firms...

Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of postcode areas confirm the hypothesis that specific human capital, knowledge spillovers...

Die Beiträge der Autoren und Autorinnen befassen sich mit aktuellen Aspekten zum Thema Mittelstandsfinanzierung. Ausgangspunkt ist der tief greifende Strukturwandel der Finanzmärkte. Haupttriebkräfte hierfür sind die Fortschritte in der IuK-Technologie, die Globalisierung, der zunehmende...

The paper analyses how context and time dependent factors determine the impulse of R&D subsidies on firm behavior with respect to private R&D expenditures. Based on data from the German R&D survey, we combine propensity-score matching with a difference-in-difference-estimator in order to measure...